BTCUSDT rose to the Resistance zone($100,000-$98,130), the lower line of the ascending channel and 100_EMA(4H TF).
According to Elliott's wave theory, Bitcoin is completing wave 4. The structure of wave 4 is Double Three Correction(WXY).
Also, the Volume of candles that brought Bitcoin up to the Resistance zone($100,000-$98,130) is not significant for me.
I expect Bitcoin to at least fall to the Support zone($95,890-$95,540). And if the support zone breaks, we can expect another attack on the Support zone($95,000-$90,870) and 50_SMA(Daily) and fill the CME Gap($94,435-$93,935).
⚠️Note: If Bitcoin goes above $100,000, we should expect more PUMPS.⚠️
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
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